Search found 24 matches

by larryc
Thu Feb 01, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Anyone else cashing out on *some* of the crazy earnings?
Replies: 74
Views: 9012

Re: Anyone else cashing out on *some* of the crazy earnings?

Yes, I think I have enough in my 529 for my grandkids' education in 7 years, so I'm moving it all from equities to 1.7% guaranteed interest. I'll move it back if the market goes down 30%.
by larryc
Sun Oct 15, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Quicken 2017 Update
Replies: 4
Views: 746

Quicken 2017 Update

I receive a message when I open Quicken 2017 that I must update or: 1. I will not be able to sign into my file, 2. I will not be able to change my accounts, and 3. I will not be able to download transactions. October 22 is the date this calamity will ocurr. Can they freeze me out like this?
by larryc
Fri Sep 22, 2017 8:47 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 108
Views: 14670

Re: Any "average Joe" here actually make out well with individual stocks?

Hi- It can be disconcerting. I bought Lehman in the 1990s for $5000, it went to 130,000, and I sold at 12000. Also held $10,000 of Washington Mutual all the way to 0. Many of my favorites have been bought out. Another problem is record keeping. I bought Liberty in the 1990's, and it has split into a...
by larryc
Thu Sep 14, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Experian credit freeze by phone vs online
Replies: 9
Views: 1891

Re: Experian credit freeze by phone vs online

Thanks for the phone number. I had the same problem online, but this worked fine to freeze my wife's credit with Experian. It took about 15 minutes.
by larryc
Thu Apr 20, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 49648

Re: Larry Swedroe says "Goodby."

Thanks for all of your time and thought. I've been watching this site for many many years, and I find your posts to be the most interesting of all the many interesting posts. Life moves on and hopefully sometime in the future the site can find a less frustrating place in your affairs. Thanks again.
by larryc
Thu Mar 31, 2016 12:36 am
Forum: Investing - Help with Personal Investments
Topic: leaving vanguard due to math errors / poor customer service?
Replies: 107
Views: 16220

Re: leaving vanguard due to math errors / poor customer service?

I'm not leaving, but I have had trouble with major errors lately. I needed to make sales to get cash for a retirement home. I made most of the sales using Specific Identification in the Brokerage Account, and they were all recorded with average cost basis. It took me a couple of months to get the 15...
by larryc
Thu Feb 12, 2015 1:24 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Turbo Tax
Replies: 38
Views: 6899

Re: Vanguard and Turbo Tax

Thanks for the information.
by larryc
Wed Feb 11, 2015 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard and Turbo Tax
Replies: 38
Views: 6899

Re: Vanguard and Turbo Tax

TurboTax is in the middle of trying to raise prices in lots of inventive ways. I'm in Flagship, and downloading Premier from Vanguard cost me $9.99 extra this year. Also, when I initially worked on my home office there was no problem, but the second time I worked on it the program refused to run unl...
by larryc
Sun Jun 22, 2014 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 504
Views: 108859

Re: Anyone regret paying off mortgage early?

I paid off my 9% mortgage as soon as I could. Also I buy 5 year old cars and have always paid cash. Never paying interest is a good feeling. I realize this is a kind of conservative allocation of funds, but my other investments are all in equities.
by larryc
Sat Mar 29, 2014 2:36 pm
Forum: Personal Consumer Issues
Topic: Do you have hardwood or tile in your kitchen?
Replies: 57
Views: 5667

Re: Do you have hardwood or tile in your kitchen?

Our cork floor is a couple of years old. It's softer and warmer than wood, and has held up fine so far. Our friends have a heated tile floor which is very nice. Glass will break when dropped on tile.
by larryc
Sun Jan 12, 2014 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax for Estates
Replies: 12
Views: 1543

Re: Turbo Tax for Estates

I think you need TurboTax Business for a 1041. It costs up to $150.
by larryc
Thu Jan 02, 2014 1:19 pm
Forum: Investing - Theory, News & General
Topic: [Poll] What was your 2013 return?
Replies: 209
Views: 14515

Re: What was your 2013 return?

I've been 100% equities since about 1990. I lost 13% at Pimco Commodity this year and gained 55% with Primecap Odyssey Aggressive Growth. Overall the portfolio gain was 31%, and that helps counterbalance my 37% loss in 2008. I guess I have a high risk tolerance. 2000 and 2001 came out even because I...
by larryc
Sun Jul 14, 2013 10:08 am
Forum: Investing - Theory, News & General
Topic: Why do so many do the opposite of Mr. Bogle suggests?
Replies: 76
Views: 7192

Re: Why do so many do the opposite of Mr. Bogle suggests?

Many of us started investing before we heard of John Bogle. We change gradually, but it's especially hard to change when your initial strategy has been successful (better than SP 500) over time. For myself in particular, I have held Vanguard Health Care and Vanguard Capital Opportunity for close to ...
by larryc
Wed May 22, 2013 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Funding from 52.5 to 59.5
Replies: 20
Views: 2273

Re: Funding from 52.5 to 59.5

I think there is an exception that allows you to withdraw your IRA's without penalty if they are taken in a series of periodic payments over your life expectancy, so you might consider doing that and take less from the 457 accounts.
by larryc
Fri Mar 29, 2013 11:06 am
Forum: Personal Finance (Not Investing)
Topic: 529's for Grandchild
Replies: 4
Views: 564

Re: 529's for Grandchild

Thanks for the replies. To NY Boglehead: As Grt2bOutdoors points out, a 529 owned by the grandparent and spent on tuition for the grandchild counts as income for the grandchild on the next year's financial aid form and decreases financial aid. To Grt2bOutdoors: Efficiency could include asset allocat...
by larryc
Thu Mar 28, 2013 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: 529's for Grandchild
Replies: 4
Views: 564

529's for Grandchild

Could a grandparent open four 529 accounts for a grandchild and transfer ownership of one account per year to the parent to pay college expenses? Would only each year's transfer count as a parental asset for financial aid purposes? If transferred after financial aid forms were filled out, would none...
by larryc
Sun Dec 16, 2012 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: 529 to great-grandchildren?
Replies: 1
Views: 342

529 to great-grandchildren?

As I understand, it is probably a good idea to transfer the ownership of my 529 with my grandson as beneficiary to my son's ownership after the freshman year of college. I assume this can be done all at once with no gift tax consequence. Assuming great-grandchildren, can my son just change the benef...
by larryc
Sun Apr 15, 2012 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should I fund a non-deductible IRA
Replies: 23
Views: 2664

Re: Should I fund a non-deductible IRA

Records of non-deductible IRA's do tend to get lost. Be especially careful if your accountant changes tax programs.
by larryc
Mon May 30, 2011 7:10 pm
Forum: Investing - Theory, News & General
Topic: Blog post on 529 plans
Replies: 12
Views: 1749

As a resident of Oregon, I maximize my state tax deduction with the Oregon Plan and use New York for the rest. The expenses in New York are lower for international and they offer a small cap option. I hadn't heard that international didn't include emerging markets. Are there any other drawbacks?
by larryc
Sat May 28, 2011 9:57 am
Forum: Personal Consumer Issues
Topic: What Is Your Parking Lot Parking Style?
Replies: 56
Views: 5393

I parallel park when necessary. It's so easy these days with power steering. In lots, I like to avoid traffic and people that are unpredictable and hard to see. I park far away, and I enjoy being in more touch with the world and the quicker responses of my body while walking compared to driving in a...
by larryc
Tue Jan 22, 2008 1:01 pm
Forum: Investing - Theory, News & General
Topic: How's that 100% equity allocation working out for ya?
Replies: 182
Views: 43838

I tend to think I'm invested 100% in equities because I have no bonds. On the other hand I own a house, the next door lot, and have a pension. I wonder if others who say they are 100% in equities have similiar positions.
by larryc
Fri Nov 30, 2007 1:05 pm
Forum: Investing - Theory, News & General
Topic: Large Growth
Replies: 30
Views: 5960

I was convinced that SV would outperform in the 1990's and had 20% in SV in 2000. However, since that time my SV funds have become SB and MB funds, so my SV % has gone down to 9%. I haven't bothered selling because of taxes. I also assume the SB funds will switch back to SV at some time when SV outp...
by larryc
Fri Nov 16, 2007 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Help me buy a car
Replies: 56
Views: 14101

I try to buy 5 year old Camrys or Corollas with 50k from retirees, and I drive them to 200k in 10-15 years and give them away. Good mileage, no repairs, very low cost/mile.
by larryc
Tue Oct 30, 2007 12:22 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Stocks In The Coming Decade
Replies: 3
Views: 2446

Predictions

I remember being impressed with his predictions in 2000. It was also pretty discouraging at the time. I sure like how it looks now better. His choice of a growth rate 1% better than the 100 year average, but just a little less than the 25 year average seems conservatively reasonable. I also like the...